REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$9,453 (target)

1461 SW 16th St, Boca Raton, FL 33486

3 beds • 2 baths • 2188 sqft

$1,276,600

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -8.03% first-year return on $286k initial cash invested.

-8.03%

Cash On Cash

4.63%

Cap Rate

0.76

DSCR

$9,453

Rent

-$1,914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,453 income − $11,367 expenses = $1,914 out of pocket

Income$9,453Out of Pocket$1,914Mortgage P&I$6,46068%Property Taxes$1,22113%Insurance$4725%Management$1,13412%CapEx$3784%Vacancy$2843%Maintenance$3784%Other$1,04011%

Investment Breakdown

|

Purchase Price

$1277k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$255k

Closing costs

1%

$12,766

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,453

Total Expenses

$11,367

Mortgage P&I

68%

$6,460

Property Taxes

13%

$1,221

Home Insurance

5%

$472

HOA

0%

$0

Property Management

12%

$1,134

CapEx

4%

$378

Vacancy

3%

$284

Maintenance

4%

$378

Other

11%

$1,040

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis